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ABB Group

ABB Group

ABB Group is a multinational corporation based in Zürich, engaged manufacturing power, automation, motion, and robotics technologies.


ABB Group is a multinational corporation based in Zürich, engaged in manufacturing power, automation, motion, and robotics technologies. The company provides a range of products, systems, solutions, and services; this includes a focus on power transmission, distribution, and power-plant automation serving the electric, gas, and water utilities. The corporation has over 105,000 employees and operates in over one hundred countries.

ABB operates four businesses supported by a portfolio of digital solutions:

  • Electrification
  • Process automation
  • Motion
  • Robotics and discrete automation

The corporation operates through numerous country/region based subsidiaries.


ABB was formed in 1988 through the merger of its predecessor companies, ASEA and BBC (Brown Boveri Cie). ABB began operations on January 5th, 1988 with headquarters in Zurich. The new group began with revenues of $17 billion and 160,000 employees around the world. The name ABB is an acronym of ASEA Brown Boveri, after its predecessor companies.

ASEA dated back to 1883, when Ludvig Fredholm established Elektriska Aktiebolaget in Stockholm, manufacturing electrical lighting and generators. In 1890, Elektriska Aktiebolaget merged with Wenströms & Granströms Elektriska Kraftbolag, forming Allmänna Svenska Elektriska Aktiebolaget, later shortened to ASEA.

BBC began in 1890 when Charles EL Brown and Walter Boveri established Brown, Boveri & Cie in Baden, Switzerland. Brown, Boveri & Cie was the first company to transmit high-voltage power.


March 17, 2020
ABB completes acquisition of Chinese EV charging provider Chargedot
September 23, 2013
ABB Group raises a $2,700,000 grant.
January 5, 1988
ABB Group forms with the merger of ASEA and BBC.

Funding Rounds


Invested in


Further Resources



Zee News
October 1, 2021
Zee News
ABB has launched the world`s fastest electric car charger, the Swiss engineering company said on Thursday, to plug into the booming demand for electric cars made by Tesla, Hyundai and other automakers.
September 8, 2021
Harvard Business Review
Sponsor content from the Ansys.
August 6, 2021
The high-tech vessel will be delivered by Sri Lanka's leading shipbuilder in 2023, joining an Orange Marine France fleet which now accounts for 15 percent of the world's specialized cable laying and repair ships. The 100-metre vessel will feature a full power, propulsion and automation package from ABB, including the landmark Azipod® system. Financial details of the contract were not disclosed. The vessel, needed for both cable laying and repair, has been developed by Norway's Vard Design...
July 1, 2021
ABB had previously announced plans for an initial public offering, but had not given a timeline or valuation .CEO Bjorn Rosengren said in April that the group would likely keep a majority stake after an IPO that would help the unit make acquisitions
Global Market Insights Inc.
June 24, 2021
/PRNewswire/ -- According to the latest report "Data Center Cooling Market by Component (Solution, Service), Cooling Technique (Rack/Row-Based, Room-Based),...


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